Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
1802 Whitman Ave NE, Renton Investment Report: Flip & Rental Analysis · Frontflip
Values up to $853K, Rent at $3,396
Updated 9 days ago • 9 new comps
Your Investment Paths
Turnkey Rental
The property shows strong rental potential, with monthly income projected between $3,205 and $3,396. This aligns well with local market trends for similar three-bedroom homes, offering a reliable stream for your investment portfolio in Renton. With an estimated rental yield of approximately 5.38%, this property serves as a solid income generator. Its competitive market positioning makes it an appealing choice for investors seeking steady returns in a desirable neighborhood.
More about this home
Neighborhood Assessment
Renton’s 98059 zip, particularly the Glencoe neighborhood, shows solid appeal with nearby Hazen High (6/10) just 0.6 miles away and Sierra Heights Elementary (5/10) at 0.7 miles. Comps on Whitman Ave NE are strong—nearby 4-bed homes zestimate 750K-940K, averaging ~$800K for similar 1,600-2,100 sqft. Walkability’s decent in this established area; you know, pride of ownership shines through on these streets. Low environmental risks boost stability too. This 3-bed/2-bath, 1,640 sqft rambler at 1802 Whitman Ave NE zestimates ~$736K, right in line with comps. Steady valuation growth signals a healthy market—perfect for long-term hold or quick resale.
Market Activity
+ Ask a question in the app
Rental Income
$40K
Yield
5.4%
Year 1 Estimates
Fix-and-Flip
Modernizing your home creates a distinct edge in this market. Updated properties see a price per square foot of roughly 461 dollars compared to 450 dollars for standard homes, reflecting a 2.5 percent value increase. Refreshing your space helps your home shine, capturing buyer interest more effectively. With potential sales reaching 790,000 dollars and solid rental prospects, these improvements unlock lasting appeal and comfort, making your property a standout choice for any buyer.
Value Add
$18K
Post Typical Renovation
Buy-Rehab-Rent
This property offers a solid post-renovation value between $722,000 and $798,000. With a median price per square foot of $462, the potential for equity growth is clear, provided renovation costs remain aligned with the current market valuation. Monthly rental income of $3,520 supports a steady 5.6% yield. This performance marks the property as a reliable long-term hold, benefiting from robust rental demand and a stable price point relative to the surrounding neighborhood statistics.
Rental Income
$42K
Yield
5.6%
Year 1 Estimates, Post Typical Renovation
Estimated value
$736K
$29.2K below comp median
Comparative Market Analysis
$660K – $1.1M
Based on 8 comps